Important Sale Information
GraysOnline: Australias Leading Online Auctions
This Sale is GST Exclusive
The information below forms part of the Sale terms. Please read prior to bidding.
By registering and bidding, you have agreed to graysonline terms and conditions of sale. If necessary please familiarise yourself with them prior to bidding on any items in this auction. The terms and conditions of the online auctions may change from time to time. Please ensure you clearly read the special terms and conditions contained in this page and also in the bidder’s agreement. Continuing to use the online auction service following amendments to these terms & conditions will constitute your acceptance of the new terms & conditions applying to this service
Please take care when making a bid as once your bid is placed, it cannot be withdrawn
This Sale is GST Exclusive
This Sale has a Variable Buyers Premium where the percentage of buyer’s premium will change once a bid price of $1000 or more is reached. A 20% Buyer’s Premium applies when the bidding is less than $1000, moving to 13.5% buyer’s premium once the bidding reaches $1000 or more. The Buyer’s Premium will be added to your final bid price.
Successful Bid Price is $1,000 + 13.5% Buyers Premium = $1,135.00+ 10% GST = $1,248.50
Successful Bid Price is $100 + 20% Buyers Premium = $120.00 +10% GST = $132.00
Product Condition - Please refer to the individual lot description for product condition. Most lots have pictures assigned to them. These should be taken as a guide only.
Payment - Invoice totals exceeding $5000 must be paid by direct deposit within 2 days of auction closing.
Contact firstname.lastname@example.org for an exact invoice total. Please note that personal or company cheques will not be accepted. For invoices totalling less than $5000, your credit card will be debited within 2 days of auction closing. To assist in the processing of payments please have funds available. Invoice totals exceeding $5000 will not be split.
GraysOnline are authorised to deduct up to $5000 from the purchasers credit card as a holding deposit on any items sold for over $5000 via our website.
Any payment enquiries, please email email@example.com
Original Retail Prices: In certain circumstances, an item for sale on the site may display the manufacturers Original Retail price (ORP). All ORPs are prices supplied by the manufacturer (or retailer) of the item at the time of the items original sale, and therefore such ORPs may not be current at the time of the online auction of the item. Graysonline takes no responsibility for the display of ORPs on any item it offers for sale at an online auction on its site, and hereby advises all bidders to satisfy themselves as to the value of the item being auctioned.
Online Auction Closing
Typically, auctions are over at their posted times. There are some exceptions to this, however, if there are any successful bids on a particular lot within 10 minutes of the close of the online auction (the “Going, Going, Gone! Period), it will be extended until there are no successful bids within the "Refresh Period".
There is no limit to the number of times an online auction can be extended. This makes graysonline work more like a live auction where the bidding doesn’t stop as long as there is still interest in the product, rather than assigning an arbitrary cut-off time. This means it is a good idea to watch the action as the auction nears closing time and to check back often.